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Maker

MKR


$3,064.87

$260.11 (9.27%)

Past 1 day

  • Volume (24H)

    $51.95K


  • Circulating Supply

    927.6K


  • Market Cap

    $2.846B


About Maker (MKR)

Maker is the governance token of the Maker Protocol that manages the Dai stablecoin.

Maker was first described in a white paper published by MakerDAO, a Decentralized Autonomous Organization or DAO, in 2017. MakerDAO developed Dai, a crypto-collateralized stablecoin, and the Maker Protocol, the system of smart contracts that underpin Dai. Maker grants holders the ability to participate in the scientific governance of the Maker Protocol. Holders can vote on changes to the Maker Protocol and thereby manage the financial risks of Dai.

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Maker Cryptopedia articles

How DAO Frameworks Can Facilitate DeFi Governance -100

How DAO Frameworks Can Facilitate DeFi Governance

Cryptopedia Staff6 min read

Gemini-How MakerDAO Pioneered Decentralized Finance

How MakerDAO Pioneered Decentralized Finance

Cryptopedia Staff4 min read

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Maker links and resources

The whitepaper

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Maker website

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Learn more about Maker on cryptopedia

Ether Cryptopedia